Excess Liability Coverage / Umbrella Coverage

(MoneyWatch) Most people don’t give the risk of a lawsuit a second thought. But with liability law suits on the rise and attorneys seeking larger awards, the risk is very real.

Most home insurance policies cover only liability claims up to $300,000 for personal liability and most automobile policies provide up to $250,000 per person and $500,000 per accident for bodily injury.

In a lawsuit you can lose your life savings, investment portfolio, even the equity on your home.

If you entertain in your home or boat, have several assets to your personal name and/or have a tendency to drive just a bit over the speed limit, we suggest you get an excess liability policy that is equal or greater to your net worth to protect your assets in case of a lawsuit.

Site

IMPORTANT NOTE: Providing excellent service to you is of utmost importance to us. Our quote response is based on your information provided in the quote request form or call. Please be sure this information is accurate to the best of your knowledge. When you request a quote our agents will contact you as soon as possible, usually within 1- 48 hours. If you do not hear from us in 2 business days or have an urgent request please call us at 305-899-5125.
This Web site provides a simplified description of coverage and is not a statement of contract or agreement. When requesting a quote or information please understand there is no coverage in force until an application is approved and premium is received by the insurance company. Coverage may not apply in all states or countries and should not be construed as a solicitation of any sort in any jurisdictions other than those in which the agency holds a license and is authorized to transact business. For complete details of coverage, conditions, limits and losses not covered, be sure to read the policy, including all endorsements, or prospectus, if applicable. Coverage IS NOT bound, amended, or altered by leaving a voicemail or message, or relying upon information in this website or through e-mail.